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ZachXBT Names REEF Founder Denko With Fukogoryushu Or Involved In $OM Plunge Event

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2025-04-14 14:19:19
On April 14, ZachXBT, a detective on the chain, published an article saying that Denko and Fukogoryushu, the founders of REEF, were suspected to have sought large collateral loans with the token before the $OM plunge, triggering speculation of market manipulation. ZachXBT pointed out that Denko was involved in the $80 million OTC transaction with Alameda in 2021 and the REEF was removed from the shelves of Binance in 2024.
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